Spread the Wealth

As the saying goes, a rising tide lifts all boats. Likewise, the more you share success, the more you can have. Here are some simple ways to do it:

Network.Make and nurture as many professional contacts as possible. You may eventually be able to help someone solve a dilemma, or vice versa. It’s a great way to find a new employee or job when you need one.

Partner Up.Establish a joint venture that lets you leverage someone’s assets while they leverage yours (e.g., sell your product to their mailing list and split the proceeds 50/50).

Share assets.If you and another company work opposite shifts, you can share the same physical assets. An all-night call center, for example, can use the same facilities and machines as a 9-to-5 travel agency.